Nothing to do with budget....it will go when it needs to go

Sumatec has potential....oil is a great business....whether u take out today or later....is going to be profitable...how much does a pump cost anyway

A director/ major shareholder cannot simply say one thing and do another....

http://klse.i3investor.com/servlets/fdnews/212906.jsp

I don think hs can do that....he can be sued I think....it might also be illegal

Later announcement out.

Hey operator buy a bit la at 44 cents...then ppl will join....tak apa untung a bit little

Wb can go 2 cents somemore

Operator change strategy pls. Sell first. Then pull a bit first...

The operator wants people to buy at 44 cents. But not many buying their share at 44 cents.

Hibiscus n sumatec same level of market cap. Is hibiscus producing any oil at the moment?

This share won't move based on rumours

It should be around....5 days moving average n add some discount to that...

The stock pattern....they need to give some discount on moving average...for RI

Announcement on the RI should be out next week...they need to get average of 40 cents

If hibiscus with nothing has market cap of 1.4 bil, why can't have a 20% premium

Should sumatec is a matured company....the best market cap we could expect is about 1 bil...about 30 sens

Talisman at the moment is only 200 times faster in producing....and 11 times in reserves

Thunderbird....it's universal fact...that peer comparison is a must in analysis comparison....

The issue here is why they are taking so long to ramp up the production.....if they could get 8,000 barrels of oil per day....that's nice enough....

This the best business in the world.....whether u take it out today...or tomorrow it is there....

When comes to reserves: take 2P. Talisman produces about 400k barrels per day....maybe slightly less...so nothing wrong if it produces 2k barrels....is just the value...as long it keeps on increasing....u can do the valuation on your own

Thunderbird...did I say it's near to them....I said u need to base your calculation on them....

Remember u just base on 2P numbers.....don't simply use the words like probable and possible...thinking u r conned or mislead...this are standard words...

Let's do some research instead of hoping.....compare it with the peers....eg....talisman, Lundin, Hess,

For an example Lundin oil the PE is too high....but it's still justified considering their growth record.

Then one needs to evaluate the daily production data of companies like talisman and compare with sumatec

This is an e&p company. U need to compare it with peers...for an example...Talisman with 2P reserves of 9 times more is valued at around 36 bil (usd 11 bil). So sumatec should be around 4bil market at productivity equivalent to Talisman....

As shareholders, we should value the company based on business performance. Call d investor relations and decide

The most important is oil production data. At current price it needs at least 2000 barrels per day.

Shorted and made some money...hehehe....just joking

Lepas ini bila naik....someone Akan kata dia collect 40.5 sen. Klau jatuh dia Akan kata dia short.

That's normal la ...when go down some more ...some one will appear and say he/she shorted...

When down Noraini will say she shorted one hour ago. When going up, Noraini will say she is holding... It's all about creating image